Swiss Post finance chief retires due to ill health

Swiss Post said today its head of finance and deputy CEO Markus Zenhäusern retired yesterday for reasons of ill health, to be replaced on a temporary basis by deputy head of finance Thomas Egger. The move was in effect from today, with the company stating its regrets at losing a “capable and well-regarded” member of its executive management team.

Zenhäusern (pictured right), who has been with the company for three and a half years, will maintain his links with Swiss Post after stepping down yesterday, the company said, working on “special projects” for chief executive Jürg Bucher.

He will also contribute to committees and other individual assignments, the firm said.

The company said in a statement today: “Swiss Post greatly regrets his retirement. Aged 49, Markus Zenhäusern is a manager who is well-regarded across the entire Group, both for his technical expertise and his personal qualities.”

Thomas Egger, 42, assumes the role of head of finance and becomes a member of the Swiss Post executive management team on an interim basis from today.

Swiss Post said Egger had “proven experience” in the financial sector, and while taking on the acting head of finance role, will also continue in his role as head of the Group Accounting, Controlling & Strategy department within the company.

“The Swiss Post Board of Directors will find a definitive solution to fill the position of head of finance as soon as possible,” the company said.

Zenhäusern had a PhD in business administration and before joining Swiss Post was chief financial officer at the chemical company Sika Group, having previously spent several years as a regional CFO in Japan for Swiss chemical firm Ciba Specialty Chemicals.

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